Belarus Debt Collection – No Win No Fee
Creditreform operates a global specialist International debt collections service. We have local offices and fully approved expert international debt collection agency partners in every country worldwide. All our International debt collection agency partners and offices operate on a No Win No Fee basis charging an agreed commission against monies recovered only.
Main reasons why a local country debt recovery agency is so important rather than trying to recover from the UK are as follows:
The local International Debt collection Partners know:
- The local cultures
- The languages
- The laws
- Are in the same time zones
Herewith details of our debt collection service Belarus
– Location of office in Belarus
– Number of staff
15 employees + director
– How long been operating in Belarus
In legal area our partners working from 2003 and in accounting from 2009
– What type of debts do you recover? Do you do commercial (B2B) and consumer (B2C) debts?
We recover both commercial debt collection (B2B) and consumer debt collection (B2C)
– Statute of limitation in Belarus
– How EU laws effect debt collection in Belarus?
It depends of agreement, in some cases in the agreement can be points that case must be in the Belarussian court but in accordance with EU law, every situation specific
– How many company registries in Belarus for businesses? (i.e. UK just has 1 central registry)
In Belarus also one central register -it is also possible to use online search to check tax number of company or legal address
General comments regarding process in Belarus for debt collection and how differs from UK / other European countries:
– What is the debt collection process in Belarus?
The collection process in Belarus depends of case and agreement. So if agreement is clear and debtor have got money on his account , it will take not more 1 month, if we need to go to courts, as I told depends of case, it can be a few months or a few years. Because courts have got their own schedule , mainly we operated maximum 6 month if it too complicated case. Except courts here we can use executive government offices to collect the debt, but in cases when there is no any problem with debtor and there are no any disputes.
If we take case, we sign the contract with creditor or his representative, after we need to get POA from creditor on the name of our attorney ,it must be legalized (notorious + apostille).
There are many unique requirements to recovering international debts in all countries including Belarus debt collection services which differ from the UK debt collection agency services and therefore it is very important that cases are handled directly by our expert international debt collection agencies and not from debt collectors UK. This method of international debt collection sets Creditreform aside from the competition who in many cases try and recover debts from a UK debt collector only. Using the local offices and partners enables us to achieve a far greater success rate and our No Win No Fee service together with competitive commission rates against monies recovered only ensures you get the best service.